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What gives cryptocurrency its value?It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity�Bitcoin's computer. The price picked up in , gaining more than 50 percent through mid-June, amid a broader rally in tech stocks. Bitcoin traded for around. Bitcoin's highest price ever, recorded in November , was 75 percent higher than the price in November , according to a history chart.
